Vipshop Holdings Ltd – (NYSE:VIPS) – Equities research analysts at KeyCorp issued their Q1 2019 earnings per share (EPS) estimates for Vipshop in a research note issued on Tuesday, Zacks Investment Research reports. KeyCorp analyst H. Chung anticipates that the technology company will post earnings of $0.18 per share for the quarter. KeyCorp currently has a “Buy” rating and a $17.00 target price on the stock. KeyCorp also issued estimates for Vipshop’s Q2 2019 earnings at $0.18 EPS, Q3 2019 earnings at $0.17 EPS and Q4 2019 earnings at $0.27 EPS.
Vipshop (NYSE:VIPS) last issued its quarterly earnings results on Monday, November 20th. The technology company reported $0.10 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.10. Vipshop had a return on equity of 34.85% and a net margin of 3.00%.
Other equities analysts have also issued research reports about the stock. Daiwa Capital Markets raised shares of Vipshop from a “hold” rating to a “buy” rating in a research note on Monday, December 18th. Nomura lifted their target price on shares of Vipshop to $19.00 and gave the company a “buy” rating in a research note on Thursday, January 18th. Zacks Investment Research raised shares of Vipshop from a “sell” rating to a “hold” rating in a research note on Thursday, January 25th. HSBC raised shares of Vipshop from a “reduce” rating to a “hold” rating in a research note on Wednesday, January 3rd. Finally, UBS Group started coverage on shares of Vipshop in a research note on Monday, October 30th. They set a “neutral” rating and a $9.00 target price for the company. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and ten have given a buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of $13.43.
Vipshop (NYSE VIPS) traded up $0.03 during midday trading on Thursday, hitting $15.34. The stock had a trading volume of 23,046,528 shares, compared to its average volume of 12,586,326. Vipshop has a 1-year low of $7.79 and a 1-year high of $17.75. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.74 and a current ratio of 1.05. The stock has a market capitalization of $9,101.45, a P/E ratio of 31.96 and a beta of 2.45.
Several hedge funds have recently added to or reduced their stakes in the stock. First Republic Investment Management Inc. lifted its stake in shares of Vipshop by 14.1% in the 4th quarter. First Republic Investment Management Inc. now owns 43,746 shares of the technology company’s stock valued at $513,000 after purchasing an additional 5,391 shares during the last quarter. Tower Research Capital LLC TRC lifted its stake in shares of Vipshop by 1,131.7% in the 4th quarter. Tower Research Capital LLC TRC now owns 100,966 shares of the technology company’s stock valued at $1,183,000 after purchasing an additional 92,769 shares during the last quarter. UBS Asset Management Americas Inc. lifted its stake in shares of Vipshop by 31.5% in the 4th quarter. UBS Asset Management Americas Inc. now owns 3,562,726 shares of the technology company’s stock valued at $41,755,000 after purchasing an additional 853,417 shares during the last quarter. BlackRock Inc. lifted its stake in shares of Vipshop by 19.7% in the 4th quarter. BlackRock Inc. now owns 20,007,313 shares of the technology company’s stock valued at $234,485,000 after purchasing an additional 3,291,645 shares during the last quarter. Finally, Schroder Investment Management Group lifted its stake in shares of Vipshop by 3.9% in the 4th quarter. Schroder Investment Management Group now owns 13,772,922 shares of the technology company’s stock valued at $161,418,000 after purchasing an additional 520,031 shares during the last quarter. 52.46% of the stock is owned by institutional investors and hedge funds.
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Vipshop Company Profile
Vipshop Holdings Limited is a holding company. The Company is an online discount retailer for brands in China. The Company offers branded products to consumers in China through flash sales mainly on its vip.com Website. The Company’s segment is sales, product distribution and offering of goods on its online platforms.
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